Julie Fuelling

Katy Home Sellers: Facing an Appraisal? Be Prepared! Part One

Inflated appraisals, valuing homes far above their true market value, contributed greatly to the residential real estate collapse. In backlash, the pendulum has now swung in the opposite direction and it can be hard to get a Katy home to appraise for the sales contract price.

Standards are now so strict that the lender and appraiser are not supposed to communicate directly. Historically, appraisers used comparable…

Read my entire article at OnlyKaty.com.

This entry was posted on Tuesday, March 2nd, 2010 at 10:19 am and is filed under Katy Real Estate, Katy Texas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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